LTC back to ATH

27 thg 2

After 4 years of accumulation period, LTC is finally breaking up the long-term resistance since May 2021 when it reached ATH.

It looks like we are finally ready to take off.

29 thg 2

Ghi chú

Excalibur daily candle for bears.... They are all dead now... We break and we've built a great support at 73 mark. Next stop - $94

29 thg 2

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bullish pennant on 1 hour

1 thg 3

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Oh, no! Is that Head and Shoulders, bears ? We don't mind!

2 thg 3

Ghi chú

According to the volume, we have enough buy power to break 94, let's gooo

3 thg 3

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Liquidity taken, we are ready to smash 94

4 thg 3

Ghi chú

Hold tight! We've just printed higher low. Bears, open the door or we go through it :)

5 thg 3

Ghi chú

possible bull flag can take us to 115

6 thg 3

Ghi chú

No reason to be bearish here....
- We have an actual retest of the recent breakout at the horizontal resistance - 73 (already support)
- We are back in the bullish zone which increases the possibility of a real bull flag.
- Once it breaks up the flag, we should witness an identical move as much as the size of the pole of the flag ($25) according to the technical rule of this pattern.
The top of the flag is around $88 mark, so 88 + 25 = 113 which is close enough to the next resistance at $115 mark

7 thg 3

Ghi chú

Breaking up the flag... 115 ahead!

9 thg 3

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So far, so good! Well-defended, bulls! Any candle closing with its body (not a wick) below $84 on 4 hours, will invalidate the flag.

11 thg 3

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The Thor's hammer has been formed on weekly... Expect a green week ahead!

11 thg 3

Ghi chú

We are breaking 94... The flag is playing out by the book! What a great start of the week! 115 is certain from here!

11 thg 3

Ghi chú

Exciting times

12 thg 3

Ghi chú

After every breakout to the upside, it's always good to see a confirmation by the price retesting the same level again, in our case 94 mark. This saves us stress in the future and it builds a perspective for continuation of the uptrend. I think this is the last chance buying LTC below $100

13 thg 3

Ghi chú

It looks like we've flipped another resistance into support ($94).
Despite the bears' efforts to push the price down, the long wick of the green candle tells us that they failed to keep the price below 94 and every drop is considered as a great buying opportunity on the market as investors see the change in the trend

14 thg 3

Ghi chú

Expecting an explosive fat daily candle up to 115 from here

15 thg 3

Ghi chú

We did not have a bad close of the daily candle yesterday at all... Dropped to 90 and then managed to close around the support at 94. That means there is still buying interest and every drop is being absorbed by buyers. Also, a possible double bottom around 84 is giving us a signal for potential bullish outcome... Off course, we need to wait for the daily close to confirm that. However, I would not change my bullish view unless the daily closes below 84.

15 thg 3

Ghi chú

We are holding pretty well so far! Keep it up!

16 thg 3

Ghi chú

falling wedge spotted on 4 hours:

17 thg 3

Ghi chú

84 is a well-proven support as we can see, I like the price action so far


Nevertheless, we should not underestimate the risk of invalidating the wedge by breaking down 84 and revisiting 73.

18 thg 3

Ghi chú

nice play out of the wedge, send it

20 thg 3

Ghi chú

So, the falling wedge was longer than I expected considering the recent long squeeze. Anyway, we are back in the bullish area between 84 and 94. Looks promising now.

22 thg 3

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Deja Vu:

23 thg 3

Ghi chú

Let go

25 thg 3

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So far, so good!

27 thg 3

Ghi chú

We are doing great, boys! The recent rumors for LTC ETF are pricing in perfectly, the volume is proving that. You know how it is, buy the rumors, sell the news!

29 thg 3

Ghi chú

94 appears to be a strong support now, either 105 or 115 from here.

31 thg 3

Ghi chú

Nice one! Now, it looks like we are building a higher low here and we are headed to the next target 115

1 thg 4

Ghi chú

We are moving fast! We just need a breakout at 115 and a range above it for a while in order the uptrend to remain intact, a good stop loss here is at 101. Anything below that, will represent bearish price action.

2 thg 4

Ghi chú

I like the reaction from the support at 94. I think that was another long squeeze and now we have enough liquidity to break 115.

2 thg 4

Ghi chú

go go

3 thg 4

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inverted head and shoulders all across the board

4 thg 4

Ghi chú

keep it up, bulls!

5 thg 4

Ghi chú

if 94 holds, this should be considered as a last chance buying under $100

6 thg 4

Ghi chú

Bears could not even touch 94...

8 thg 4

Ghi chú

101 is a strong support now, send it

10 thg 4

Ghi chú

A choppy price action around the main support level at $94 mark is going on.
However, a possible cup and handle pattern is forming on daily which is our last chance to go to 115-130 zone where a solid selling pressure is expected to occur.
Invalidation point - $92.

29 thg 4

Ghi chú

It's been a while... After the recent breakdown of the main support at 94, LTC has tried to recover, however we see another rejection at 84 (support before, resistance now). Considering the bearish momentum on the market right now, we can surely save more capital to buy more later on.

8 thg 5

Ghi chú

another unsuccessful try to breach 84...

20 thg 5

Ghi chú

Considering the massive rising wedge on BTC.D, we should expect a great alt season coming up:


Also, bears are running out of time to test 73 (leave alone breaking it) as there is high demand at 84 and bulls are defending it quite well:

21 thg 5

Ghi chú

bull flag on hourly:

22 thg 5

Ghi chú

it looks better now, thanks

23 thg 5

Ghi chú

We are breaking up, boys!

24 thg 5

Ghi chú

Long squeeze yesterday, however we are still above the flag somehow. 84 must hold:

27 thg 5

Ghi chú

we are still looking good, 84 is behaving as it's supposed to:

5 thg 6

Ghi chú

we are dancing around 84, sometimes we call it "stop-loss hunting" or just "accumulation", anyway, the path is clear: